Kazonomics

Kazonomics

$BTCUSD Half Hour Channel 849 / 779 - Buy a break from this accumulation (849 level). Should come with good volume as shorts flip to cover with real buyers. Watch for snap back or false break/stop run. If it goes with volume should see 893-908 1st then to 968. GL

Kazonomics

Added a 30 min break down to supplement the 4 hour "Bullish Channel" posted earlier. Given the amount of time its stabilized I think its almost due for another move. Few wedges to pay attention to on the 30 min. Almost an inverse of the last wedge up top. Watch for a potential retest of he last low at 20.11 or immediate break out to test the 26.88-27...

Kazonomics

UPDATE 1: Long plays are in effect. Target range was effectively reached. BTCUSD & LTCUSD hit corresponding support zones simultaneously. LTCUSD was the trade taken due to its underperformance in the drop. Reminds me of the way Silver does the same thing in major drops with Gold. Both are viable long candidates with their high degree of correlation. Don't get...

Kazonomics

Found a good potential for a channel play. Hogs just got slaughtered on the original break out level of 21.85. Very volatile bottom should be the low. Look for long entries while in the channel and place stop below last bottom at 20.11 or on the channel up to your risk tolerance. Target 35 Market is very volatile and lots of news traders are trying to...

Kazonomics

Look for $aapl to leave the channel after failing 568.50. If it makes it into that huge gap around 480 and sets up correctly should be a good long there to test its all time high after it makes it back thru the 568.50

Kazonomics

Watch this for a break of the 21.69 neckline $ltcusd #ltc #litecoin.... looking for a buy from any lower prices cause from this to resume the larger trend off $9 toward $30

Kazonomics

LTCUSD has some violent but consistent % bounces of each crash low. The pattern is obvious now so I would look for it to break out of this wedge sooner than later. Looking for a clean break of 21.85 to see it head back to 30's. Inside the wedge with this last 133% run up it will probably need to just a little bit to recover some energy. Keep your eyes on this...